<html><body>
Piccolo’s Upper House apartment complex has secured the sale of 70% of the 110 apartments only 10 weeks after marketing began.
<img src="/images/stories/2012/10/upperhouse6.jpg">
“This is a project that inspires confidence and buyers have responded to the quality offering without delay,” says Tim Storey, Colliers International managing director of residential.
<img src="/images/stories/2012/10/upperhouse.jpg">
The Piccolo Development group initially reported in late October that it had secured the sale of half of the 110 apartments.
<img src="/images/stories/2012/11/upperhousedrawing.png">
Piccolo Development has engaged Hamilton Marino Builders to construct the complex from early 2013.
<img src="/images/stories/2012/10/upperhouse2.jpg">
The Upper House façade was designed by Jackson Clements Burrows Architects.
<img src="/images/stories/2012/10/upperhouse4.jpg">
“Piccolo are dedicated to creating landmark properties that are timeless, unique and inspiring,” says Piccolo Development director Michael Piccolo.
Upper House is located at 516-520 Swanston Street, <a target="_blank" href="/news">Carlton</a>, and comprises two distinctive components, The Cloud and The Podium.
<img src="/images/stories/2012/10/upperhouse5.jpg">
The Cloud apartments float above The Podium apartments.
The Podium offers 60 one-bedroom apartments and 30 two-bedroom apartments.
<img src="/images/stories/2012/10/upperhouse3.jpg">
Apartments in The Podium start from $380,000.
The Cloud offers 20 two-bedroom apartments starting from $700,000.
Due for completion in 2014, Upper House apartments are being sold by Melissa Hall from Colliers International.
</body></html>

ntrotman-Et3xWpamVh

Piccolo’s Upper House Carlton apartment complex secures 70% sellout after 10 weeks

<html><body>
Australand and Citta Property Group have sold 17 apartments so far at The Green Parkville, the final phase of the landmark residential development at the original Parkville Gardens.
The Green Parkville offering was officially launched in late September.
<img src="/images/stories/2012/11/thegreen3.jpg">
Located four kilometres from Melbourne CBD, The Green <a href="/news">Parkville </a>apartment precinct sits directly opposite the village oval.
The development site was a former psychiatric hospital that later became the athlete’s village for the 2006 Commonwealth Games.
The latest off-the-plan offering is 57 one-, two- and three-bedroom apartments.
<img src="/images/stories/2012/11/thegreen2.jpg">
SJB Architects focused on three main forms including the cube in its five-storey apartment building.
One-bedroom apartments start from $355,000, two-bedrooms from $455,000 and three-bedroom from $645,000.
Each residence has a car park space and bike storage.
<img src="/images/stories/2012/11/thegreen1.jpg">
The Park Club community facilities are exclusive to residents with a 25-metre indoor lap pool, gymnasium, function and theatre room.
The Parkville Gardens project was marketed as a modern housing development with the aim of being an integrated, social inclusive community.
The 20-hectare development included the retention and refurbishment of 11 heritage buildings and the capacity for approximately 1,000 dwellings.
The Green Parkville precinct  already has 155 detached homes, 14 townhouses and 68 apartments.
Set on Cade Way, Parkville, the Green Parkville has an estimated completion date of July 2014.
</body></html>

The Green Parkville almost a third sold since September launch

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Bellamack, the Darwin semi-rural Palmerston district suburb, tops the latest list of 32 regional localities in South Australia, Northern Territory, Western Australia and Tasmania with the highest rental yields for houses, according to information provided by RP Data.
The Property Observer list covers all states and territories outside the big three, <a target="_blank" href="https://www.propertyobserver.com.au/landlords/east-coast-australia-s-top-40-highest-rental-yield-suburbs-from-moranbah-to-tregear/2012112057965">NSW, Victoria and Queensland</a>.
Western Australia localities top the list, with 14 suburbs with high rental yields.
Tasmania is second with 11 high rental yield suburbs.
South Australia comes in third place with five localities.
Northern Territory has two localties, but tops the list with yields above 14%.
There are none from the Australian Capital Territory. 
<table align="left" cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td width="150" valign="top">
SUBURB
</td>
<td width="150" valign="top">
POSTCODE
</td>
<td width="150" valign="top">
MEDIAN PRICE
</td>
<td width="150" valign="top">
GROSS RENTAL YIELD
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Bellamack</a>
</td>
<td width="150" valign="top">
0832
</td>
<td width="150" valign="top">
$223,000
</td>
<td width="150" valign="top">
15.3%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Johnston</a>
</td>
<td width="150" valign="top">
0832
</td>
<td width="150" valign="top">
$240,000
</td>
<td width="150" valign="top">
14.1%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Kambalda West</a>
</td>
<td width="150" valign="top">
6442
</td>
<td width="150" valign="top">
$130,000
</td>
<td width="150" valign="top">
12%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Bulgarra</a>
</td>
<td width="150" valign="top">
6714
</td>
<td width="150" valign="top">
$675,000
</td>
<td width="150" valign="top">
10.8%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Pegs Creek</a>
</td>
<td width="150" valign="top">
6714
</td>
<td width="150" valign="top">
$730,000
</td>
<td width="150" valign="top">
10.7%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">South Hedland</a>
</td>
<td width="150" valign="top">
6722
</td>
<td width="150" valign="top">
$850,000
</td>
<td width="150" valign="top">
10.7%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Zeehan</a>
</td>
<td width="150" valign="top">
7469
</td>
<td width="150" valign="top">
$73,000
</td>
<td width="150" valign="top">
10.7%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Port Hedland</a>
</td>
<td width="150" valign="top">
6721
</td>
<td width="150" valign="top">
$1,150,000
</td>
<td width="150" valign="top">
9.9%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Queenstown</a>
</td>
<td width="150" valign="top">
7467
</td>
<td width="150" valign="top">
$74,500
</td>
<td width="150" valign="top">
9.8%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Millars Well</a>
</td>
<td width="150" valign="top">
6714
</td>
<td width="150" valign="top">
$827,500
</td>
<td width="150" valign="top">
9.4%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Baynton</a>
</td>
<td width="150" valign="top">
6714
</td>
<td width="150" valign="top">
$997,000
</td>
<td width="150" valign="top">
9.3%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Dampier</a>
</td>
<td width="150" valign="top">
6713
</td>
<td width="150" valign="top">
$880,000
</td>
<td width="150" valign="top">
9.3%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Derby</a>
</td>
<td width="150" valign="top">
6728
</td>
<td width="150" valign="top">
$532,500
</td>
<td width="150" valign="top">
9.3%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Nickol</a>
</td>
<td width="150" valign="top">
6714
</td>
<td width="150" valign="top">
$990,000
</td>
<td width="150" valign="top">
9.2%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Merredin</a>
</td>
<td width="150" valign="top">
6415
</td>
<td width="150" valign="top">
$185,000
</td>
<td width="150" valign="top">
9%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Campbelltown</a>
</td>
<td width="150" valign="top">
7210
</td>
<td width="150" valign="top">
$152,000
</td>
<td width="150" valign="top">
8.6%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Risdon Vale</a>
</td>
<td width="150" valign="top">
7016
</td>
<td width="150" valign="top">
$167,750
</td>
<td width="150" valign="top">
8.1%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Peterborough</a>
</td>
<td width="150" valign="top">
5422
</td>
<td width="150" valign="top">
$88,000
</td>
<td width="150" valign="top">
8%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Bridgewater</a>
</td>
<td width="150" valign="top">
7030
</td>
<td width="150" valign="top">
$165,000
</td>
<td width="150" valign="top">
7.7%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Piccadilly</a>
</td>
<td width="150" valign="top">
6430
</td>
<td width="150" valign="top">
$302,500
</td>
<td width="150" valign="top">
7.6%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Waverley</a>
</td>
<td width="150" valign="top">
7250
</td>
<td width="150" valign="top">
$157,000
</td>
<td width="150" valign="top">
7.6%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Quorn</a>
</td>
<td width="150" valign="top">
5433
</td>
<td width="150" valign="top">
$143,000
</td>
<td width="150" valign="top">
7.6%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Chigwell</a>
</td>
<td width="150" valign="top">
7011
</td>
<td width="150" valign="top">
$194,000
</td>
<td width="150" valign="top">
7.5%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Clarendon Vale</a>
</td>
<td width="150" valign="top">
7019
</td>
<td width="150" valign="top">
$150,000
</td>
<td width="150" valign="top">
7.5%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Port Augusta</a>
</td>
<td width="150" valign="top">
5700
</td>
<td width="150" valign="top">
$171,250
</td>
<td width="150" valign="top">
7.3%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Katanning</a>
</td>
<td width="150" valign="top">
6317
</td>
<td width="150" valign="top">
$172,500
</td>
<td width="150" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">George Town</a>
</td>
<td width="150" valign="top">
7253
</td>
<td width="150" valign="top">
$145,000
</td>
<td width="150" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">New Norfolk</a>
</td>
<td width="150" valign="top">
7140
</td>
<td width="150" valign="top">
$180,000
</td>
<td width="150" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Port Pirie West</a>
</td>
<td width="150" valign="top">
5540
</td>
<td width="150" valign="top">
$130,000
</td>
<td width="150" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Tailem Bend</a>
</td>
<td width="150" valign="top">
5260
</td>
<td width="150" valign="top">
$145,000
</td>
<td width="150" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Lamington</a>
</td>
<td width="150" valign="top">
6430
</td>
<td width="150" valign="top">
$345,000
</td>
<td width="150" valign="top">
7.1%
</td>
</tr>
<tr>
<td width="150" valign="top">
<a target="_blank" href="/news">Railton</a>
</td>
<td width="150" valign="top">
7305
</td>
<td width="150" valign="top">
$164,000
</td>
<td width="150" valign="top">
7%
</td>
</tr>
</tbody></table>
</body></html>

The 32 regional rental yield locations that top 7%

<html><body>
The recent buyers of Mintaro, the 1882 Monegeetta mansion, have listed their own Diggers Rest property with a reserve price of $3.25 million.
Brian and Cheryl Glassel have listed the seven-bedroom, four-bathroom Pinewood for December 13 auction.
Located at <a href="https://www.realestate.com.au/property-house-vic-diggers+rest-112328323" target="_blank">829 Black Hill Road</a>, the 1870s house sits on 97 hectares with formal gardens and farmland. The property has nine main paddocks and sheep and cattle yards.
The bluestone, brick and weatherboard construction comprises of classic drawing and dining rooms, conservatory, library, sewing room, four bedrooms and two bathrooms.
There's a second brick veneer residence for guest accommodation.
<a href="https://www.propertyobserver.com.au/victoria/mintaro-the-1882-monegeetta-sunbury-district-mansion-has-been-sold-at-its-%243-million-reserve-price/2012111457817" target="_blank">Last week the Glassels bought Mintaro</a>, the Sunbury district mansion, for its $3 million reserve price shortly after it had been passed in at $2.85 million.
The Glassels plan their own “Country House Rescue” with tours and dining experiences set to make the “property pay for itself”.
The Pinewood, Toolern Vale, auction will be conducted by John Keating from Keatings Real Estate Woodend.
It's only the second time in Pinewood's history since 1848 that it's available for sale.
</body></html>

Mintaro, Monegeetta, mansion buyers list their Diggers Rest property

<html><body>
This week's episode of Grand Designs Australia features an house in Annandale that is being built on a small empty allotment overshadowed by a large building either side, one of which is heritage listed.
Brett and Rees are wanting to upsize but don’t want to leave the inner west-suburb of Sydney <a href="/news">Annandale</a>, so have chosen to build on the small empty allotment behind their apartment.
<a target="_blank" href="https://www.lifestyle.com.au/granddesigns/series-3/episode-6-annandale-urban-house.aspx">The Annandale house</a> has been in the works for eight years due to the possibility of the heritage-listed building next to it that may collapse.
The property will start with a basement car park with connecting stairs from the laneway leading up to the main entrance.
The hallway will be a glass atrium; the property will need both artificial and natural light due to the overshadowing buildings.
The large master bedroom will have its own kitchenette and a resort-style open-plan bathroom.
The top tier will play host to a spacious living and kitchen area.
The main feature of the house is set to be a central transparent plunge pool with jets.
Another bedroom is located near the front of the house next to a study.
Grand Designs host and Australian architect Peter Maddison says it is a compact home that must use every iota of space to its full advantage.
The median sale price for Annandale is $893,000, and the indicative gross rental yield is 3.9%.
A property located at 2 Collins Street, Annandale, is currently on the market with a listing price of $865,000. It last sold in 2008 for $425,000.
A property at 63 Young Street, Annandale, has an asking price of $920,000. It last sold in 2009 for $810,000.
Last week Grand Designs Australia featured a luxurious beach house in Bryon Bay.
The Annandale urban house episode will air on the Lifestyle channel on November 22 at 8.30pm.
</body></html>

An overshadowed, small Annandale block the challenge for this week's Grand Designs

<html><body>
Moranbah tops the latest list of 40 localities with the highest rental yields for houses, according to information provided by RP Data.
Queensland localities top the list, with 18 suburbs.
New South Wales is second with 17 high rental yield suburbs.
Victoria comes in third place with five localities.
 
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="120" valign="top">
SUBURB
</td>
<td width="117" valign="top">
POSTCODE
</td>
<td width="113" valign="top">
MEDIAN PRICE
</td>
<td width="110" valign="top">
GROSS RENTAL YIELD
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Moranbah</a>
</td>
<td width="117" valign="top">
4744
</td>
<td width="113" valign="top">
$723,950
</td>
<td width="110" valign="top">
12.9%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Boggabri</a>
</td>
<td width="117" valign="top">
2382
</td>
<td width="113" valign="top">
$156,000
</td>
<td width="110" valign="top">
11.7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Blackwater</a>
</td>
<td width="117" valign="top">
4717
</td>
<td width="113" valign="top">
$414,000
</td>
<td width="110" valign="top">
11.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Collinsville</a>
</td>
<td width="117" valign="top">
4804
</td>
<td width="113" valign="top">
$220,000
</td>
<td width="110" valign="top">
10.6%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Dimboola</a>
</td>
<td width="117" valign="top">
3414
</td>
<td width="113" valign="top">
$83,500
</td>
<td width="110" valign="top">
10%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Broken Hill</a>
</td>
<td width="117" valign="top">
2880
</td>
<td width="113" valign="top">
$110,000
</td>
<td width="110" valign="top">
9.5%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Condobolin</a>
</td>
<td width="117" valign="top">
2877
</td>
<td width="113" valign="top">
$131,500
</td>
<td width="110" valign="top">
8.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Roma</a>
</td>
<td width="117" valign="top">
4455
</td>
<td width="113" valign="top">
$320,000
</td>
<td width="110" valign="top">
8.1%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Townview</a>
</td>
<td width="117" valign="top">
4825
</td>
<td width="113" valign="top">
$335,000
</td>
<td width="110" valign="top">
8.1%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Nhill</a>
</td>
<td width="117" valign="top">
3418
</td>
<td width="113" valign="top">
$110,000
</td>
<td width="110" valign="top">
8%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Batlow</a>
</td>
<td width="117" valign="top">
2730
</td>
<td width="113" valign="top">
$107,500
</td>
<td width="110" valign="top">
7.9%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Clermont</a>
</td>
<td width="117" valign="top">
4721
</td>
<td width="113" valign="top">
$317,500
</td>
<td width="110" valign="top">
7.8%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Sunset</a>
</td>
<td width="117" valign="top">
4825
</td>
<td width="113" valign="top">
$350,000
</td>
<td width="110" valign="top">
7.7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Depot Hill</a>
</td>
<td width="117" valign="top">
4700
</td>
<td width="113" valign="top">
$170,000
</td>
<td width="110" valign="top">
7.6%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Cobar</a>
</td>
<td width="117" valign="top">
2835
</td>
<td width="113" valign="top">
$195,000
</td>
<td width="110" valign="top">
7.6%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Terang</a>
</td>
<td width="117" valign="top">
3264
</td>
<td width="113" valign="top">
$155,000
</td>
<td width="110" valign="top">
7.5%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Werris Creek</a>
</td>
<td width="117" valign="top">
2341
</td>
<td width="113" valign="top">
$125,000
</td>
<td width="110" valign="top">
7.5%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Charleville</a>
</td>
<td width="117" valign="top">
4470
</td>
<td width="113" valign="top">
$160,000
</td>
<td width="110" valign="top">
7.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Mount Morgan</a>
</td>
<td width="117" valign="top">
4714
</td>
<td width="113" valign="top">
$125,500
</td>
<td width="110" valign="top">
7.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">East Bairnsdale</a>
</td>
<td width="117" valign="top">
3875
</td>
<td width="113" valign="top">
$178,000
</td>
<td width="110" valign="top">
7.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Deniliquin</a>
</td>
<td width="117" valign="top">
2710
</td>
<td width="113" valign="top">
$152,500
</td>
<td width="110" valign="top">
7.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Windale</a>
</td>
<td width="117" valign="top">
2306
</td>
<td width="113" valign="top">
$228,750
</td>
<td width="110" valign="top">
7.3%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Cloncurry</a>
</td>
<td width="117" valign="top">
4824
</td>
<td width="113" valign="top">
$252,500
</td>
<td width="110" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Moura</a>
</td>
<td width="117" valign="top">
4718
</td>
<td width="113" valign="top">
$253,000
</td>
<td width="110" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">North Booval</a>
</td>
<td width="117" valign="top">
4305
</td>
<td width="113" valign="top">
$200,000
</td>
<td width="110" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Sarina Beach</a>
</td>
<td width="117" valign="top">
4737
</td>
<td width="113" valign="top">
$370,000
</td>
<td width="110" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Cooma</a>
</td>
<td width="117" valign="top">
2590
</td>
<td width="113" valign="top">
$172,250
</td>
<td width="110" valign="top">
7.2%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Merbein</a>
</td>
<td width="117" valign="top">
3505
</td>
<td width="113" valign="top">
$145,500
</td>
<td width="110" valign="top">
7.1%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Narrabri</a>
</td>
<td width="117" valign="top">
2390
</td>
<td width="113" valign="top">
$263,500
</td>
<td width="110" valign="top">
7.1%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">South Grafton</a>
</td>
<td width="117" valign="top">
2460
</td>
<td width="113" valign="top">
$193,500
</td>
<td width="110" valign="top">
7.1%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Cardwell</a>
</td>
<td width="117" valign="top">
4849
</td>
<td width="113" valign="top">
$231,000
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Marburg</a>
</td>
<td width="117" valign="top">
4346
</td>
<td width="113" valign="top">
$237,500
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Rockhampton City</a>
</td>
<td width="117" valign="top">
4700
</td>
<td width="113" valign="top">
$200,000
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Winston</a>
</td>
<td width="117" valign="top">
4825
</td>
<td width="113" valign="top">
$379,000
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Blackett</a>
</td>
<td width="117" valign="top">
2770
</td>
<td width="113" valign="top">
$229,500
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Bolton Point</a>
</td>
<td width="117" valign="top">
2283
</td>
<td width="113" valign="top">
$260,250
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">North Albury</a>
</td>
<td width="117" valign="top">
2640
</td>
<td width="113" valign="top">
$185,000
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Tolland</a>
</td>
<td width="117" valign="top">
2650
</td>
<td width="113" valign="top">
$190,000
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top">
<a href="/news">Willmot</a>
</td>
<td width="117" valign="top">
2770
</td>
<td width="113" valign="top">
$224,250
</td>
<td width="110" valign="top">
7%
</td>
</tr>
<tr>
<td width="120" valign="top"><a style="font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px;" href="/news" target="_blank">Tregear</a></td>
<td width="117" valign="top">2770</td>
<td width="113" valign="top">$231,500</td>
<td width="110" valign="top">7%</td>
</tr>
</tbody></table>

Source <a target="_blank" href="https://www.myrp.com.au/">RP Data</a>
For more on investing in mining towns like Moranbah and Gladstone, <a target="_blank" href="http://propertyobserver.com.au/ebooks/free-ebook-gladstone-investment-keys-to-one-of-the-nations-most-talked-about-hotspots">download our free eBook.</a>

</body></html>

East coast Australia's top 40 highest rental yield suburbs: From Moranbah to Tregear

<html><body>
The historic Camden residence Dr Crookston’s house has been offered for sale for only the second time in the past 100 years, with price expectations of $1 million plus.
Located at <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-camden-112010871">75 John Street, Camden</a>, the two-storey Victorian residence has elevated views over <a target="_blank" href="/news">Camden </a>and the Blue Mountains.
Owners Paul and Margaret Bowring have owned the property for 33 years.
The Macarthur family originally built the house circa 1860s for their overseer Robert Druitt, but an angry bull killed him before he had the chance to live in the house.
The house's name come from its later ownership by Dr R.B. Crookston, who conducted his medical practice at the house from 1913.
Dr Crookston was the mayor of Camden from 1932-1934. 
The property, last sold in 1979 for $145,000, comprises four bedrooms and two bathrooms.
There are 12-foot-high (3.7-metre-high) ceilings, ironbark floor boards, open fire places, French doors, antique light fittings and decorative cast-iron lace.
The grounds have a grass tennis court and rear stables converted into a double garage.
“We’ve had many happy times here with friends but it’s time for another family to enjoy the home now,” says Margaret Bowring.
Dr Crookston’s house is being sold by Stuart Davies from <a target="_blank" href="https://rwmg.com.au/">Ray White Macarthur Group Camden</a>.
“This is a very special offering,” says Davies.
"Rarely does a property of this calibre come on to the market, let alone one situated so close to the heart of the town.”
The house on its 2,536-square-metre holding will be auctioned on December 1.
</body></html>

Dr Crookston's Camden house offered for only the second time in 100 years

<html><body>
CBRE and Mirvac employees will be among those taking part this Friday November 16 in the second annual Walk For A Wish Charity.
The simultaneous 10 kilometre walks will take part in major cities across Australia and New Zealand.
The event is held to raise funds and awareness for Starlight Children’s Foundation Australia and Make-A-Wish New Zealand.
“The event provides staff with the opportunity to give back to the community within which they work,” says Tom Southern, CBRE’s President and CEO, Australia and New Zealand.
The Sydney leg will take walkers from Martin Place through the Domain, past the NSW Art Gallery and Andrew Boy Charlton Pool to finish at the eastern suburbs Rugby Union Club in Rose Bay.
Mirvac has signed on as a principal sponsor of the Walk for a Wish event.
“We hope that our contribution to the Starlight and Make-A-Wish foundations will help them to continue their work in brightening the lives of sick children,” said the Mirvac chief Susan Lloyd-Hurwitz.
“This year Starlight has an overwhelming number of wish referrals and we hope to be able to let as many children as possibly know before Christmas that their Starlight wish will be granted,” said Starlight chief Louise Baxter.
 
 
</body></html>

Property chiefs participate in Walk for a Wish charity 

<html><body>
A heritage-listed building at <a href="https://www.realcommercial.com.au/property-offices-wa-perth-5503905" target="_blank">88 William Street in the Perth CBD</a> has received a full makeover which has enabled the leasing of its upper levels that had been vacant for many decades.
The refurbishment commenced in late 2010 and involved the restoration of the building's façade and complete removal of all fire-damaged interiors.
New tenant facilities were installed including showers, bicycle parking, lockers, onsite car bays and a goods lift was also incorporated.
Owned by Winston Holding Pty Ltd. and Ayoman Pty Ltd, the building's estimated $15 million restoration was undertaken by heritage architects Palassis.
After a fire destroyed the previous building Economic Store, construction on the new building began in 1922 and was completed by early 1923.



The six level building designed by Talbot Hobbs has been known as Walsh’s Building since the Walsh’s Menswear store opened on the ground level.

The basement of the building continued to operate as a food court until a 2007 fire caused extensive damage.

CBRE office services senior director Andrew Denny oversaw the leasing campaign of  88 William Street.
Insurance brokers CKA risk solutions have leased the top level and Perth accountants Nexia have leased level three.
A Perth mining company has leased level two and level one has been leased to Solid Gold for a mixed office and retail use.
“The refurbishment of this building has turned derelict unused space into a high value and vibrant end product," Andrew Denny said.
Much of 88 William Street was vacant for at least 30 years, he said.
“The success of this project can be judged by the property being fully leased prior to the practical completion of the works.”
The typical floor size is approximately 1,500 square metres and rent is below $525 per square metre.
The building, which has a 7,500 square metre net lettable area, is located on the corner of the Hay Street Mall.
</body></html>

Heritage Perth office refurbishment attracts new tenants

<html><body>
CBRE has sold more than half of the apartments in new Lenland complex The Castlereagh Sydney, which hit the market two weeks ago.
Thus far some 26 of the 50 one-,  two- and three-bedroom apartments have sold.
Located on the corner of Castlereagh and Bathurst streets, the upper floors of the 15-storey Tony Owen-designed building have distinctive bronze-coloured louvres.
<img src="/images/stories/2012/11/castlereagh1.jpg">
Some upper floors overlooks the iconic Hyde Park.
Owen has designed two other apartment buildings in the Sydney CBD: the Ceerose Hyde Park prestige dress circle development, and Eliza in Elizabeth Street, which has an expected completion date of mid-2013.
<img src="/images/stories/2012/11/castlereagh2.jpg">
The 22 one-bedroom apartments in the Castlereagh start from $560,000, with sizes between 50 to 60 square metres.
Its 26 two-bedroom apartments have a starting price of $820,000 and range from 82 to 90 square metres.
There are only two three-bedroom apartments, which have 111 square metres of space and start from $1.25 million.
<img src="/images/stories/2012/11/castlereagh3.jpg">
The Eliza apartment complex has 83-square-metre two-bedroom apartments costing $1.7 million.
RP Data indicates the median sale price for a unit in the Sydney CBD is $530,000. This is 0.5% lower than it was a year ago.
The median rental price is $650 a week, with an indicative gross rental yield of 6.4%.


<hr class="system-pagebreak">
The ground level of The Castlereagh Sydney complex will be a lively retail precinct of restaurants, cafes and designer shops.
The upper levels have bronze-coloured louvres, which were designed to control sun and privacy and create an animated urban façade.
An atrium is located in the centre of the building, acting as a ventilation shaft as it draws out hot air.
Apartments located on the third level will have winter gardens, and the higher levels will have balconies.
Each apartment will have hardwood floors, European kitchen appliances and floor to ceiling windows.
“Residents of The Castlereagh Sydney will enjoy a privileged lifestyle on the edge of Hyde Park, surrounded by world-class restaurants, fashion boutiques, shopping and facilities,” said Ben Stewart of CBRE.
“As well as owner-occupiers, the apartments will appeal to astute investors seeking to take advantage of the CBD’s lure with tenants.”
The marketing agents noted The Castlereagh Sydney will offer low strata levies as there are no costly communal facilities.
CBRE forecasts them to be $382 quarterly for one-bedroom apartments, $585 for two-bedroom apartments and $798 for a three-bedroom apartment, per quarter.
There is no car parking offered on site to apartments buyers.
“The Castlereagh Sydney is in the heart of the city so we deemed expensive in-house facilities unnecessary,” said James Chryssafis, Managing Director of Integrated Project Services, which is overseeing the project for Lenland Property Development.
The existing 1925 building, Bathurst House  was bought by Lenland for $15.45 million in 2010. It sold in 2006 at $14.25 million. Lenland's managing director Harvard Shen sais the company had previously undertaken residential development on Sydney's north shore at Killara and St Ives.
The building - close to the NSW Fire Brigade HQ -will be demolished next March with construction to start in May.
The Castlereagh Sydney - which had an estimated $16 million construction cost in its City of Sydney development application - is expected to be completed by late 2014.
Of the 26 early sales, only a few have been to investors, with others including CBD workers as well as empty nesters.
The display suite is at 209 Castlereagh Street.
</body></html>

Matching the median, The Castlereagh Sydney half-sold after two weeks

<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

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Nicola Trotman

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